2025-03-31-accounts

167-169 Great Portland Street

London, W1W 5PF Charity Number: 1170112

ICAN COMMUNITY CHURCH TRUSTEES REPORT MARCH 2024 – APRIL 2025

Date: 10th January 2026

iCan Community Church

A leader-led church

The following is our report on March 2024- April 2025.

iCAN COMMUNITY CHURCH

iCan Community Church is fundamentally a spiritual community whose objects are charitable. The ministry is operationally and spiritually led by an executive team, including our Presiding Bishop, Chief Executive, Senior Pastor, a team of executive administrators and a team of clergymen and women. As Trustees, our role and responsibilities are clear to us and, in summary, involve fund management, compliance, financial health and executive accountability.

Our current Trustee Board comprises of the following members:

• ISAAC NEWTON PATRICE CARTER (CHAIR)

• ANTHONY NZEKWU

• PHILLIP THOMAS

• TIM McCLURE

Objectives and activities

Our aims: The objects of the charity are set out in the charity's trust deed and are summarised as follows:-

To advance the Christian faith through preaching and teaching Biblical principles via any available medium, to promote Christian education and to alleviate the effects of poverty. Our objectives: Our objectives are set to reflect our community aims. Each year, our trustees review our objectives and activities to ensure they continue to reflect our aims. In carrying out this review, the trustees have considered the Charity Commission's general guidance on public benefit and its supplementary public guidance on the advancement of education for the public benefit.

Activities and achievements: How do our activities deliver public benefit?

The charity carries out a wide range of activities in pursuance of its charitable aims. The trustees consider that these activities, summarised below, provide public benefits.

• Church services

• Evangelism

• Support groups

• Children’s Ministry

• Family support

• Crisis counselling

• Weddings and funerals

• Conferences & faith-based events

• Feeding the poor

• Befriending service for senior citizens

Creation of Hubs:

Most of our efforts this year have been aimed at maintaining and developing the decentralised system of Hubs that has been created in the previous year, whereby members of the congregation have been meeting in various local neighbourhoods for smaller services for 3 weeks per month and meeting together for one main service on the first Sunday of each month, known as Ecclesia.

The underlying purpose of the Hubs is to focus more on and develop the evangelistic side of iCan Community Church. This is consistent with our mission-oriented vision of reaching out and spreading the gospel to the wider community rather than staying in a single location. The aim is to grow the organisation and double our membership. It also allows the church to be more socially active over a wider area across London and Essex.

There has already been evidence of a growth in membership due to the above approach, with Hubs being established in the following areas:

North London, South London, East London, West London, Essex and Ashford

A strategic decision was taken to amalgamate the South Hub with the East Hub in July 2024

The aim and ambition of the organisation is to continue to grow through strengthening our presence and outreach throughout Greater London and beyond.

Big wins

• We are now actively continuing in-person branches and outreach centres,

• We continue to support senior citizens and vulnerable families with a befriending

• service and mobile food bank.

• We continue to provide counselling, guidance and support for people struggling with the cost of living, anxiety, bereavement and loneliness

• We were able to meet our objectives by advancing the Christian faith

• We were able to retrain all volunteer workers through our school of ministry

initiative.

• We are now actively running our own Antioch bible school to develop and increase more ministers and leaders.

Compliance and governance

Our executive team have exercised diligence and prudence in leadership, spending procedures, safeguarding and administration. We have taken into account the recommendations made by our independent accounts auditor and have reviewed several of our processes, particularly those around departmental expenses, to ensure that request forms are completed and receipts are kept.

Our Chief Executive continues to be responsible for the day-to-day management of the organisation, which in turn allows our Bishop to focus on theological and spiritual matters.

Financial Review

Review of the charity’s financial position at the end of the period.

The charity is in a reasonably healthy position and has no concerns about remaining as a going concern.

The Charity's position at the end of the period of this report has stabilised over the last 12 months with regular income from tithes, offerings, and gifts from its members and visitors.

iCC holds reserves of approximately £7,606.00 in a reserve account at HSBC. These funds are held as a buffer against any possible downturn in the Church's income and also as required for further expansion if necessary.

Isaac Carter Chair of Trustees iCan Community Church

iCAN Community Church 1170112 Annual accounts for the period Period end

Period start date 1-Apr-24 To date 31-Mar-25 ~~—— ae~~

Section A Statement of financial activities

Recommended categories by activity	Guidance Notes	Unrestricted funds	Unrestricted funds	Restricted income funds	Endowment funds	Total funds	Total funds	Prior year funds
			£	£	£		£	£
Incoming resources (Note 3)			F01	F02	F03		F04	F05
Income and endowments from:
Donations and legacies	S01		144,152	-	-		144,152	232,761
Charitable activities	S02		29,169	-	-		29,169	40,225
Other trading activities	S03		-	-	-		-	-
Investments	S04		386	-			386	445
Separate material item of income	S05		-	-	-		-	-
Other	S06		500	-	-		500	-
Total	S07		174,206	-	-		174,206	273,431
Resources expended (Note 6)
Expenditure on:
Raising funds	S08		795	-	-		795	186
Charitable activities	S09		204,685	-	-		204,685	252,982
Separate material item of expense	S10		-	-	-		-	-
Other	S11		-	-	-		-	-
Total	S12		205,480	-	-		205,480	253,168
Net income/(expenditure) before investment
gains/(losses)	S13	-	31,274 -	-	-	-	31,274 -	20,263
Net gains/(losses) on investments	S14		-	-	-		-	-
Net income/(expenditure)	S15	-	31,274 -	-	-	-	31,274 -	20,263
Extraordinary items	S16		-	-	-		-	-
Transfers between funds	S17		-	-	-		-	-
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use	S18		-	-	-		-	-
Other gains/(losses)	S19		-	-	-		-	-
Net movement in funds	S20	-	31,274 -	-	-	-	31,274 -	20,263
Reconciliation of funds:
Total funds brought forward	S21		39,711	-	-		39,711	19,448
Total funds carried forward	S22		8,437	-	-		8,437	39,711
1

iCAN Community Church	iCAN Community Church	CharityNo	1170112
		CompanyNo
Annual accounts for theperiod	Period start date:01/04/2024			To period end date:31/03/2025
Section B Balance sheet
Unrestricted funds £ Fixed assets F01 Intangible assets (Note 15) B01 - Tangible assets (Note 14) B02 19,147 Heritage assets (Note 16) B03 - Investments (Note 17) B04 - Total fixed assets B05 19,147 Current assets Stocks (Note 18) B06 - Debtors (Note 19) B07 - Investments (Note 17.4) B08 - Cash at bank and in hand (Note 24) B09 6,953 Total current assets B10 6,953 Creditors: amounts falling due within one year (Note 20) B11 200 Net current assets/(liabilities) B12 6,753 Total assets less current liabilities B13 25,900 Creditors: amounts falling due after one year (Note 20) B14 17,663 Provisions for liabilities B15 - Total net assets or liabilities B16 8,237 Funds of the Charity Endowment funds (Note 27) B17 - Restricted income funds (Note 27) B18 Unrestricted funds B19 8,237 Revaluation reserve B20 Fair value reserve B21 Total funds B22 8,237 Guidance note			Restricted income funds £ F02	Endowment funds Total this year £ £ F03 F04		Total last year £ F05
		-	-	-	-	-
		19,147	-	-	19,147	28,429
		-	-	-	-	-
		-	-	-	-	-
		19,147	-	-	19,147	28,429
		-	-	-	-	-
		-	-	-	-	993
		-	-	-	-	-
		6,953	-	-	6,953	37,224
		6,953	-	-	6,953	38,217
		200	-	-	200	1,761
		6,753	-	-	6,753	36,456
		25,900	-	-	25,900	64,885
		17,663	-	-	17,663	25,174
		-	-	-	-	-
		8,237	-	-	8,237	39,712
		-			-	-
			-		-	-
		8,237		-	8,237	39,711
					-
		8,237	-	-	8,237	39,711

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

ompanies regime and in accordance with FRS102 SORP.
Signed by one or two trustees/directors on behalf of all the trustees/directors Signature of director authenticating accounts being sent to Companies House	Print Name	Date of approval dd/mm/yyyy
	Signature	Date dd/mm/yyyy
		Print name

CC17a (Excel)

2

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities • and with ✓ preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with ✓ the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by ✓ FRS 102.*

• -Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. Disclosure of any uncertainties that make the going concern assumption doubtful; An explanation as to those factors that support the conclusion that the charity is a going concern;	Charity has stable regular cashflow and meets expenses
	N/A
	N/A

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.

Yes No	✓	* -Tick as appropriate
	✓

Please disclose:

(i) the nature of the change in accounting policy; (ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and (iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.

1.4 Changes t No changes to a	o accounting estimates ccounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).	o accounting estimates ccounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes No	✓	* -Tick as appropriate
	✓

Please disclose:

(i) the nature of any changes; (ii) the effect of the change on income and expense or assets and liabilities for the current period; and (iii) where practicable, the effect of the change in one or more future periods.

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

Yes No Please disclose	✓	* -Tick as appropriate	* -Tick as appropriate
	✓
	:
(i) the nature of	the prior	period error;
(ii) for each prio amount of the c affected; and	r period orrection	presented in the accounts, the for each account line item
(iii) the amount earliest prior pe	of the co riod pres	rrection at the beginning of the ented in the accounts.

CC17a (Excel)

3

Section C Notes to the accounts (cont)

Note 2 Accounting policies

2.2 INCOME

This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.

Recognition of income Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. Support costs The charity has incurred expenditure on support costs. Volunteer help Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. These are included in the Statement of Financial Activities (SoFA) when: • the charity becomes entitled to the resources; · it is more likely than not that the trustees will receive the resources; and • the monetary value can be measured with sufficient reliability. Donated goods Contractual income and performance related grants Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Government grants The charity has received government grants in the reporting period Tax reclaims on donations and gifts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated services and facilities Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Income from interest, royalties and dividends This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. Income from membership subscriptions Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.	Yes No N/a	Yes No N/a	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓

2.4 ASSETS 100 Intangible fixed assets Heritage assets Settlement of insurance claims Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. They are valued at cost. These are capitalised if they can be used for more than one year, and cost at least Redundancy cost The charity made no redundancy payments during the reporting period. Deferred income No material item of deferred income has been included in the accounts. Creditors The charity has creditors which are measured at settlement amounts less any trade discounts Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Basic financial instruments The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5 They are valued at cost. The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. 2.3 EXPENDITURE AND LIABILITIES Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Investment gains and losses The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Tangible fixed assets for use by charity The depreciation rates and methods used are disclosed in note 9.2. Governance and support costs Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. They are valued at cost. Investments Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Grants payable without performance conditions Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. Stocks and work in progress Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.		Yes No N/a	Yes No N/a	Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
	100
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓
		Yes No N/a
		✓	✓	✓

Current asset investments The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments.	Yes No N/a	Yes No N/a	Yes No N/a
	✓	✓	✓
	Yes No N/a
	✓	✓	✓

POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

Section C Notes to the accounts (cont)

Note 3 Analysis of income

Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Donations and gifts 144,152 - -144,152 232,761 Gift Aid 29,169 - -29,169 40,225 Legacies - - - - - General grants provided by government/other charities - - - - - Membership subscriptions and sponsorships which are in substance donations - - - - Donatedgoods,facilities and services - - - - - Other 500 - - 500 Total 173,820 - - 173,820 272,986 - - - - - - - - - - - - - - - Other - - - - - Total - - - - - - - - - - - - - - - - - - - - Other - - - - - Total - - - - - Interest income 386 - -386 445 Dividend income - - - - - Rental and leasing income - - - - - Other - - - - - Total 386 - -386 445 - - - - - - - - - - - - - - - - - - - - Total - - - - - Conversion of endowment funds into income - - - - - Gain on disposal of a tangible fixed asset heldforcharity's ownuse - - - - - Gain on disposal of a programme related investment - - - - - Royalties from the exploitation of intellectual propertyrights - - - - - Other - - - - - Total - - - - - 174,206 - -174,206 273,431 Other information: Analysis Donations and legacies: Charitable activities: TOTAL INCOME Other: Other trading activities: Income from investments: Separate material item of income:	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis
	Donations and gifts	144,152	-	-	144,152	232,761
	Gift Aid	29,169	-	-	29,169	40,225
	Legacies	-	-	-	-	-
	General grants provided by government/other charities	-	-	-	-	-
	Membership subscriptions and sponsorships which are in substance donations	-	-	-	-
	Donatedgoods,facilities and services	-	-	-	-	-
	Other	500	-	-	500
	Total	173,820	-	-	173,820	272,986
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-
	Interest income	386	-	-	386	445
	Dividend income	-	-	-	-	-
	Rental and leasing income	-	-	-	-	-
	Other	-	-	-	-	-
	Total	386	-	-	386	445
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total	-	-	-	-	-
	Conversion of endowment funds into income	-	-	-	-	-
	Gain on disposal of a tangible fixed asset heldforcharity's ownuse	-	-	-	-	-
	Gain on disposal of a programme related investment	-	-	-	-	-
	Royalties from the exploitation of intellectual propertyrights	-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-
		174,206	-	-	174,206	273,431
All income in the prior year was unrestricted except for: (please provide description and amounts)
Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion. Where any endowment fund is converted into income in the prior period, please give the reason for the conversion.
Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)

CC17a (Excel)

7

Section C Notes to the accounts (cont)

Note 6 Analysis of expenditure

Analysis Expenditure on raising funds:	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year
Incurred seeking donations	-	-	-	-	-	-	-	-
Incurred seeking legacies	-	-	-	-	-	-	-	-
Incurred seeking grants	-	-	-	-				-
Operating membership schemes and social lotteries	-	-	-	-				-
Staging fundraising events	-	-	-	-				-
Fudraising agents	-	-	-	-				-
Operating charity shops	-	-	-	-				-
Operating a trading company undertaking non-charitable trading activity	-	-	-	-				-
Advertising, marketing, direct mail and publicity	795	-	-	795	186	-	-	186
Start up costs incurred in generating new source of future income	-	-	-	-	-	-	-	-
Database development costs	-	-	-	-	-	-	-	-
Other trading activities	-	-	-	-				-
Investment management costs:	-	-	-	-				-
Portfolio management costs	-	-	-	-	-	-	-	-
Cost of obtaining investment advice	-	-	-	-	-	-	-	-
Investment administration costs	-	-	-	-	-	-	-	-
Intellectual property licencing costs	-	-	-	-	-	-	-	-
Rent collection, property repairs and maintenance charges	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total expenditure on raising funds	795	-	-	795	186	-	-	186
Expenditure on charitable activities:
Admin Expenses	16,583	-	-	16,583	27,863	-	-	27,863
Consulting	27,942	-	-	27,942	23,649	-	-	23,649
Pastoral Services	14,340	-	-	14,340	16,775	-	-	16,775
Professional Services	21,987	-	-	21,987	31,544	-	-	31,544
Rent	35,400	-	-	35,400	34,650	-	-	34,650
Venue Hire	34,108	-	-	34,108	52,655	-	-	52,655
Support Costs	54,326	-	-	54,326	65,846	-	-	65,846
Total expenditure on charitable activities	204,685	-	-	204,685	252,982	-	-	252,982
Separate material item of expense
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total	-	-	-	-	-	-	-	-
Other
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
TOTAL EXPENDITURE Total other expenditure	-	-	-	-	-	-	-	-
	205,480	-	-	205,480	253,168	-	-	253,168

CC17a (Excel)

8

Section C Notes to the accounts

Note 10 Details of certain items of expenditure

10.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees	This year £	Last year £
	-	300
	-	-
	-	-
	-	1,000

CC17a (Excel)

9

Section C Notes to the accounts (cont)

Note 14 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets

14.1 Cost or valuation

At the beginning of the year Additions Revaluations Disposals Transfers At end of the year Basis* Rate At beginning of the year Disposals Depreciation Impairment Transfers At end of the year Net book value at the beginning of the year Net book value at the end of the year 14.3 Net book value 14.2 Depreciation and impairments*	Freehold land & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Total £
	-	-	42,000	9,636	51,636
	-	-	-	464	464
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	42,000	10,100	52,100
	SL or RB (Straight Line or Reducing Balance)	SL or RB	SL or RB	SL or RB	SL or RB
	-	-	17,500	5,707	23,207
	-	-	-	-	-
	-	-	8,400	1,346	9,746
	-	-	-	-	-
	-	-	-	-	-
	-	-	25,900	7,053	32,953
	-	-	24,500	3,929	28,429
	-	-	16,100	3,047	19,147

CC17a (Excel)

10

Section C Notes to the accounts (cont)

Note 19 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

Please complete this note if the charity has any debtors or prepayments. Note 19 Debtors and prepayments
19.1 Analysis of debtors Trade debtors Prepayments and accrued income Other debtors	This year £	Last year £
	-	-
	-	-
	-	993.0
	-	993.0

Total

Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.

19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)

Trade debtors Prepayments and accrued income Other debtors Total	This year £	Last year £
	-	-
	-	-
	-	-
	-	-
	-	-

CC17a (Excel)

11

Section C Notes to the accounts (cont)

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors Total	Amounts falling due within oneyear	Amounts falling due within oneyear	Amounts falling due after more than oneyear	Amounts falling due after more than oneyear
	This year £	Last year £	This year £	Last year £
	-	-	-	-
	-	-	-	-
	200	1,761	17,663	25,174
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	200	1,761	17,663	25,174

20.2 Deferred income

Please complete this note if the charity has deferred income.

Please explain the reasons why income is deferred. Movement in deferred income account Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods Balance at the end of the reporting period	Thisyear	Lastyear	Lastyear
		This year £	Last year £
		-	-
		-	-
		-	-
		-	-

CC17a (Excel)

12

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

Note 24 Cash at bank and in hand
Other Cash at bank and on hand Total Short term cash investments (less than 3 months maturity date) Short term deposits	This year £	Last year £
	-	-
	-	-
	6,953	37,224
	-	-
	6,953	37,224

CC17a (Excel)

13

Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

This year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Name of trustee	Legal authority (eg order, governing document)	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value
		Remuneration	Pension contribution	Redundancy (including loss of office)/ex gratia	Other	TOTAL
		£	£	£	£	£
Isacc Carter	Governing Document	-	-	-	1,300	1,300
Anthony Nzekwu	Governing Document	-	-	-	350	350
		-	-	-	-	-
		-	-	-	-	-

Please give details of why remuneration or other employment benefits were paid.

The monies paid to Isaac Carter are for payment to various musicians and artists for services provided to the church. This is not remuneration but rather expenses incurred on behalf of the Church as evidenced by the invoices included in Xero

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

Last year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Name of trustee	Legal authority (eg order, governing document)	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value
		Remuneration	Pension contribution	Redundancy (including loss of office)/ex gratia	Other	TOTAL
		£	£		£	£
Isacc Carter	Governing Document	-	-	-	7,385	7,385
Anthony Nzekwu	Governing Document	-	-	-	775	775
		-	-	-	-	-
		-	-	-	-	-

Please give details of why remuneration or other employment benefits were paid.

The monies paid to Isaac Carter are for payment to various musicians and artists for services provided to the church. This is not remuneration but rather expenses incurred on behalf of the Church. The expenses are evidenced by invoices detailing each item of expense

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

CC17a (Excel)

14

Independent Examiners report for iCAN Community Church For the period April 1[st ] 2024 to March 31[st] 2025

Charity registration number: 1170112

Prepared by Peter Slade ACMA CGMA Date Jan 2026

Responsibilities and basis

• As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

• I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiners Report

1. Context

• iCAN Community Church is a small Charity not part of a wider group with income in the period of £205,480 and Balance sheet Assets of £26,100 and therefore no requirement for a full audit

• There is no requirement for an audit in the governing document.

• The bookkeeping for iCAN is performed in Xero by an independent qualified bookkeeper (Mel Brandy MIAB of Docks Bookkeeping Services).

• The review has been performed by Peter Slade ACMA CGMA a qualified accountant with no connection to ICAN or any of the trustees.

2. Review findings

• All the Bank accounts transactions are reconciled to the books of prime entry for the period covered and up to date

• The Balance sheet and Income statement from Xero correctly represent the underlying accounting records

• Based on sample checks of the invoices for a range of expense items it appears the classification is reasonable, accurate and consistent.

• There are minimal cases of Invoices relating to expenditure are not held in Xero, when these missing invoices have been requested, they all have been provided.

• Disclosures have been made in the Final accounts for related party transactions for 2 of the trustees. These trustees have written agreements in place dated 17[th] December 2018. The payments to Isaac carter are in respect of his work as Director of events. All the money Isaac received was paid by him to musicians or artists as evidenced by the invoices on Xero.

• The trustees conducted a review of the processes focusing on departmental expenditure particularly regarding receipts and request forms

3. Going Concern

• The Trustees have agreed the Charity is a going concern in the Annual report although a cashflow forecast is not included.

• The charity’s expenditure remains substantial, while income has declined this year resulting in a deficit. Accordingly, the trustees will need to exercise stringent oversight of future expenditure to ensure the organisations ongoing financial commitments can be maintained.

• The charity maintains a reserve of circa £7,600 in the bank given the current profile of expenditure and income the charity remains a going concern and will need to maintain its caution in relation to expenditure in the coming year

4. Recommendations

• With respect to financial controls, high standards have been maintained in terms of quality of supplier invoices and evidence to support all expenditure

• Ideally a Cashflow forecast, or Budget should be prepared agreed by the trustees and reviewed at each formal meeting of the trustees.

• The area of concern is the erosion of reserves as a result of the deficit this year. The trustees will have to be exceptionally prudent with regard to expenditure and very focused on fundraising efforts to restore the reserves to their former state

Signed:

Name: Peter Slade ACMA CGMA

Address: 10 Church lane, Sutton Waldron Dorset DT118PA

Date: 23/01/2026